RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of UVV
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Universal Corporation stock price ended at $46.00 on Friday, after losing 1.12%.
(Updated on May 24, 2024)

Sell candidate since May 23, 2024 Loss -1.12% PDF

The Universal Corporation stock price fell by -1.12% on the last day (Friday, 24th May 2024) from $46.52 to $46.00. During the last trading day the stock fluctuated 4.76% from a day low at $45.91 to a day high of $48.09. The price has fallen in 7 of the last 10 days and is down by -14.85% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -376 thousand shares and in total, 361 thousand shares were bought and sold for approximately $16.59 million.

Given the current short-term trend, the stock is expected to rise 7.12% during the next 3 months and, with a 90% probability hold a price between $49.28 and $58.57 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

UVV Signals & Forecast

There are few to no technical positive signals at the moment. The Universal Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $51.50 and $51.57. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 16, 2024, and so far it has fallen -15.33%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Universal Corporation stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.19 between high and low, or 4.76%. For the last week, the stock has had daily average volatility of 4.86%.

Universal Corporation is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (UVV) For The Upcoming Trading Day Of Tuesday 28th

For the upcoming trading day on Tuesday, 28th we expect Universal Corporation to open at $46.67, and during the day (based on 14 day Average True Range), to move between $44.56 and $47.44, which gives a possible trading interval of +/-$1.44 (+/-3.12%) up or down from last closing price. If Universal Corporation takes out the full calculated possible swing range there will be an estimated 6.24% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $46.52, some $0.520 (1.13%) from the current price of $46.00, our system finds the risk reward not very attractive.

Is Universal Corporation stock A Buy?

The Universal Corporation stock holds several negative signals and despite the positive trend, we believe Universal Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.943 Sell Candidate Unchanged

Predicted Opening Price for Universal Corporation of Tuesday, May 28, 2024

Fair opening price May 28, 2024 Current price
$46.67 ( 1.45%) $46.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for UVV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 48.85 6.20 %
R2 48.02 4.38 %
R1 47.50 3.26 %
Current price: 46.00
Support S1 45.83 -0.369 %
S2 45.31 -1.49 %
S3 44.48 -3.30 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 51.91 12.85 %
R2 50.89 10.63 %
R1 46.52 1.13 %
Current price 46.00
Support S1 0 .
S2 0 .
S3 0 .

UVV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 08, 2024 Jul 08, 2024 Aug 05, 2024 $0.81 1.76%
2 Apr 05, 2024 Apr 05, 2024 May 06, 2024 $0.80 1.50%
3 Nov 02, 2023 Jan 05, 2024 Feb 05, 2024 $0.80 1.38%
4 Aug 02, 2023 Oct 05, 2023 Nov 06, 2023 $0.80 1.56%
5 May 24, 2023 Jul 07, 2023 Aug 07, 2023 $0.80 1.63%

FAQ

What is the symbol for Universal Corporation Stock and on which exchange is it traded?
The symbol for Universal Corporation is UVV and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Universal Corporation Stock?
The Universal Corporation stock holds several negative signals and despite the positive trend, we believe Universal Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Universal Corporation Stock?
Universal Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Universal Corporation Stock.

What's the current price of Universal Corporation Stock?
As of the end of day on the May 24, 2024, the price of an Universal Corporation (UVV) share was $46.00.

What is the 52-week high and low for Universal Corporation Stock?
The 52-week high for Universal Corporation Stock is $67.80 and the 52-week low is $44.40.

What is the market capitalization of Universal Corporation Stock?
As of the May 24, 2024, the market capitalization of Universal Corporation is 1.13B.

When is the next earnings date for Universal Corporation?
The upcoming earnings date for Universal Corporation is Jul 31, 2024.
Click to get the best stock tips daily for free!

About Universal Corporation

Universal Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The company contracts, purchases, processes, and sells flue-cured, burley, and oriental tobaccos that are p... UVV Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT